It might seem hard to believe, but F1 teams based in Britain are being given taxpayers cash merely for doing what they do, building racing cars. read more »

The 2015 Australian Grand Prix cost Victoria taxpayers AUD$62m (£30m). read more »

Australian Grand Prix organiser Ron Walker is set to open dialogue with Bernie Ecclestone over the future of the event once their current deal expires in 2015. Victoria tourism... read more »

Ex-Formula 1 driver David Coulthard has responded to those who consistently campaign against a Grand Prix taking place in Melbourne, explaining that although taxpayers in the... read more »

Formula 1 supremo Bernie Ecclestone says Melbourne should be less opposed to the fees it pays to host a Grand Prix. The 82-year-old’s comments follow reports that 30... read more »

The Melbourne government hopes to renew its contract to host the Australian Grand Prix, which is set to expire in 2015, but only under more favourable terms. The event,... read more »

Organisers of the Australian Grand Prix are aiming for a lowered race fee when the event’s current contract comes to an end in 2015. Since 1996, there has been... read more »

Sep.30 (GMM) There are fears about the ongoing involvement in the 2012 US grand prix project of the race's promoter Tavo Hellmund. Hellmund has been the driving force... read more »

Sep.13 (GMM) 2012 US grand prix promoter Tavo Hellmund is being sued. Autoweek reports that the lawsuit has been filed by Texas attorney Randolph Ewing, who claims 5 per cent... read more »

Jul.18 (GMM) Williams has not been notified officially about the legal action filed by NASCAR team Michael Waltrip Racing. It was reported at the weekend that MWR is suing... read more »

Three Austin locals have launched a lawsuit in an attempt to prevent the payment of $25m aimed at subsidising the proposed Grand Prix. read more »

Taxpayers have sued the Texas Comptroller of Public Accounts over the allocation of funds to secure the United States Grand Prix. read more »

Taxpayers in Texas could no longer be obliged to fund the returning Unites States Grand Prix, with a new four-million dollar (£2.5m) deal having been proposed between... read more »

As work on the Circuit of the Americas continues there is growing unease that taxpayers money is being spent on the project. read more »

The Victorian government has commissioned auditors Ernst & Young to find out whether keeping the country’s loss-making Formula 1 race is the correct decision.... read more »

Bernie Ecclestone has stressed the importance of the Australian Grand Prix but insists that no contracts should be broken, with Victoria taxpayers continuing to state their... read more »